HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$214,820$117,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,074$0
Note rate6.86%7.24%
Blended rate6.86%7.48%
1st payment$1,443.04$797.35
2nd payment$0.00$0.00
Taxes / mo$55.50$55.50
Insurance / mo$150.00$150.00
MI / mo$0.00$23.40
HOA / mo$280.00$280.00
Total monthly$1,928.54$1,306.25
Cash to close$0$13,000